Report: Rising Sea Levels Threaten $21 Billion Development Plans

A new special report from the San Francisco Public Press says there are $21 billion worth of planned real estate developments along the Bay's waterfront that could be in jeopardy if sea levels rise. According to the report, waters would "most likely" rise three feet, with some models predicting as high as eight feet, along thousands of acres of shoreline. The Press also warns that policy changes, which might stem the development tide, are inching along and may not be fast enough to affect any projects currently in the pipeline.